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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: /3 - (} 0/.21 Date: 6/19/2013 Administration Commission Meeting Date: 7/11 /2013 Requesting Department: Office of Grants District Impacted: 3 Type: ['Resolution ri Ordinance :0 Emergency Ordinance 0 Discussion Item Subject: Brownfield Area Designation request for development titled "West Brickell Tower" located at 1026 SW 2"d Avenue, Miami, F133130 Purpose of Item: Law Department Matter ID No. 13-458 The City of Miami has received a request to designate 1026 SW 2nd Avenue, Miami, FL 33130, as a Brownfield Area from West Brickell Tower Ltd. and the Richman Group of FLA Incorporated. Per Florida Statute 376.80, the State of Florida will .recognize a Brownfield Area only after the municipality in which the property is located authorizes the designation via adoption of a resolution and public hearing within the local governing body. 1026 SW 2"d Avenue, Miami, FL will be developed into "West Brickell Tower", a multi -level apartment building with 32-one and two bedroom affordable housing units. The evaluation criteria for an applicant that submits a Brownfield Area Designation with a redevelopment component is outlined in Florida Statute 376.80; Section 2(b)(1-5). (This item will include a Version A for approval and a Version B for non -approval of designating the property as a Brownfield Area) Background Information: Pursuant to R-06-0561, the City adopted boundaries for a Designated Brownfield Area. The property being developed (1026 SW 2"d Avenue), in which the owners are requesting the Brownfield designation, is located outside of the City of Miami's Designated Brownfield Area. Properties located in Brownfield Areas may qualify for certain incentives in the form of tax credits and environmental liability protection. Budget Impact Analysis NO Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) 1 Budge Risk Management Dept. Director City Manager Page 1 of 1